TV industry’s anger at tax breaks for streaming platforms

"The Game of Thrones effect": Central Europe's film industry on a roll

The West Australian

VideoCentral European countries are increasingly competing to grab a slice of production budgets as streaming giants Amazon, Netflix and Hulu prepare to splash out on their next fantasy blockbusters and dystopian dramas.

The Federal Government has been criticised for a “piecemeal” decision to make government funding available to streaming platforms such as Netflix.

It applies to platforms such as Stan, Ten All-Access, Netflix, which has hit shows such as The Crown and Amazon Prime.

Free TV chief executive Bridget Fair labelled the decision “outrageous” and said that after six years under the Coalition Government, the body was still waiting for meaningful reform.

“The Australian Content Review was conducted in 2017 and after two years, Senator Fifield has seen fit to announce a single initiative five minutes before the commencement of the caretaker period that benefits foreign multinational streaming services like Netflix and Amazon Prime,” she said.

“Commercial television broadcasters are the source of more Australian production than anyone in this country.

“The Government should be looking to how broadcasters can be assisted to continue the important role they play in the Australian production industry, not making piecemeal decisions that advantage unregulated competitors on digital platforms.”

Shadow arts minister Tony Burke said a bigger response would be required, or Australian stories might “gradually disappear”.

“In the context of the gravity of what our publishing industries are facing, a lot more needs to be sorted through and we’re committed to making sure that we get a proper response to those reviews if we win government,” he said.

A spokesman for Senator Fifield said the change would enable the screen production industry to capitalise on opportunities and attract more investment in Australian production.

“A vibrant screen sector ultimately means more Australian content and more Australian jobs,” he said.